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20130226
20130226
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. i'm angela miles. in today's first look: the shocking slide in the stockmarket. in the last hour of trading, a panic sell-off sent the dow spiraling 217 points, ending the sesson below 14,000. the nasdaq dropped 46 and the s&p 500 broke below the critical 1500 mark. money rushed into gold as a safe haven and oil drifted slighly lower. the reasons for the dramatic market moves are coming up in just a moment. there will be capitol questions for fed chair ben bernanke today. the federal reserve chairman takes a seat before the senate banking committee for two days to field questions about the economy. and storm watch 2013: a nasty blizzard with powerful wind pounded the great plains. wild tornadoes could next spawn across southern states. fed ex is among the companies reporting delays in stormy states. larry levin of trading advantage is here to help us navigate the trading day. it could be a critical day here. good to have you on the show larry. what caused that big move yesterday in the market in the late trading session? > > to me it was about the sequester, everybody knew the po
breed. >> thank you. i want to ask my colleagues to support this. angela davis, who is the owner, has done a great job with outreach and she is supported by the hayes valley merchant and neighborhood association and i think this would be great for the community. so, i'm hoping that my colleagues would support this. thank you. >> colleagues, any further discussion? same house, same call? this resolution is adopted. item 23. >> item 23 is a resolution determining that the issuance of a type 42 on-sale beer and wine public premises license to lynne carmichael for eno st. francis, llc, d/b/a eno, located at 310-320 geary street (district 3), will serve the public convenience and necessity of the city and county of san francisco, in accordance with business and professions code, section 23958.4, with conditions. >> same house same call? this resolution is adopted. item 24. >> item 24 was referred from the land use economic development committee without recommendation. resolution granting revocable permission to aquilina family 2001 revocable trust to occupy a portion of the public right-of
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